The Nigeria Liquefied Petroleum Gas Association (NLPGA) has tasked the federal government to stop the kerosene subsidy racket, which has gulped N1.7 trillion in the last six years.
The Nigerian National Petroleum Corporation (NNPC), which is the major importer of kerosene, according to the House of Representatives, paid subsidy on kerosene to itself between 2009 and 2014, amounting to N1.7 trillion.
The government also budgeted over N45 billion to subsidise the product in the 2015 budget alone.
President of NLPGA, Mr Dayo Adesina, while speaking at the fifth annual gas conference organised by the NLPGA in Lagos the Liquefied Petroleum Gas (LPG) also known as cooking gas is a better alternative.
Re-affirming the continued willingness of his group to support the federal government’s actions to encourage LPG usage nationwide, he cautioned on spending on subsidy on products that, have cheaper, cleaner and safer alternatives.
Adesina said the group would continue to advocate for more investments in the LPG sector beyond the present level.
Other stakeholders at the conference tagged: “LPG the Future is Now,” also bemoaned Nigeria’s per capita LPG consumption for being the lowest in sub-Saharan Africa.
They expressed dissatisfaction with under-utilisation of the product, advocating boost to the about multi-billion dollars LPG investments in the country.
“The per capita consumption of Liquefied Natural Gas (LPG) also known as cooking gas in Nigeria is the lowest in Sub-Saharan Africa,” Nuhu Yakubu, NLPGA deputy president said.
His view was corroborated by LPG experts like Baylon Duru, Felix Ekundayo and Auwalu Ilu.
“Nigeria is the second largest producer of LPG in Africa and the sixth largest producer in the World. We produce over 4 million tonnes of LPG per annum and have the capacity to consume as much,” Ekundayo said.
“In addition, we flare an additional 1-2 million tonnes of LPG inland. Ironically, Nigeria also has the lowest per capita consumption of LPG in sub-Saharan Africa at 0.8kg per annum. Consumption in 2014 was 350, 000 tonnes,” Duru added.
Earlier, a professor at University of California, Berkley, Dr. Kirk Smith, said that ailments related to dirty fuel like kerosene and firewood would kill more Nigerians if nothing was done to encourage cleaner fuel like as alternative fuel for cooking, powering machines, fuelling vehicles among others.
Source : Leadership